Disney laying off around 300 employees in latest cuts under new CEO Josh D’Amaro
The cuts are part of a broader cost-saving push as Disney reorganizes television around streaming and automation, with more reductions expected in other units.
- On Tuesday, The Walt Disney Company initiated a new wave of layoffs impacting "a couple hundred" employees, primarily in human resources and technology departments across corporate divisions.
- This reduction marks the third round of job cuts this year under CEO Josh D'Amaro, following eliminations in April affecting about 1,000 positions and July cuts across Pixar and National Geographic.
- Global Affairs Officer Horacio Gutierrez warned of "hard choices" in a September 18 memo, signaling the company is "automating certain workflows" and leveraging artificial intelligence to streamline operations.
- Disney's film and television operations remain exempt from these reductions, though Disney President and Chief Creative Officer Dana Walden is expected to oversee separate restructuring of those divisions later.
- These measures follow previous cuts that helped Disney achieve $7.5 billion in savings between 2023 and 2025, as leadership continues evaluating cost-reduction levers to create capacity for future growth investments.
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Walt Disney is preparing an important reorganisation of its television operations, and the plan could lead to hundreds of redundancies and commasing multiple divisions. The company changes its strategy and wants to focus its activity around streaming consumers. Article earthquake on the media market. The TV division will be restructured, hundreds of redundancies are announced! appears first on Romania TV.
American Walt Disney Co., the world's largest entertainment and media company, plans to restructure the television business, which could mean consolidating units and reducing hundreds of jobs, reported The Wall Street Journal with reference to sources.
Disney is moving its business around streaming customers, and the move will bring great changes to the management of more television. The restructuring of the television business at Walt Disney could lead to hundreds of redundancies and consolidation of more divisions, said Wall Street Journal Thursday, quoting people familiar with the company's plans, according to Reuters. ...
Hanford Sentinel
union-bulletin.comDisney to cut hundreds of jobs as part of TV revamp, WSJ says
Walt Disney Co. plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the…
Disney Plans Sweeping TV Shake-Up As Hundreds of Jobs Face Cuts – channelnews
Disney is reportedly preparing a major overhaul of its television business in the US that could lead to hundreds of layoffs as the entertainment giant looks to consolidate divisions and put streaming at the centre of its operations. Senior executives are still working through the details, and the restructuring may not be finalised until later this year, according to The Wall Street Journal. The changes are part of a broader streamlining effort u…
"We have fired colleagues with whom I have worked for most of my career. In many ways it is a harsh reality," he added.
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